Central bank guides

Reference guides to the world's major central banks — their mandates, policy tools, meeting schedules, and how each one moves its currency.

• FedUSD
  Federal ReserveThe Federal Reserve sets US monetary policy and the federal funds rate — the most important driver of the US dollar and global markets.
• ECBEUR
  European Central BankThe ECB sets monetary policy for the euro area's 20 member states and is the primary driver of the euro.
• BoEGBP
  Bank of EnglandThe Bank of England sets UK monetary policy and Bank Rate, the primary driver of the British pound.
• BoJJPY
  Bank of JapanThe Bank of Japan sets Japanese monetary policy and is pivotal for the yen and global carry trades.
• SNBCHF
  Swiss National BankThe Swiss National Bank sets Swiss monetary policy and actively manages the franc, a premier safe-haven currency.
• BoCCAD
  Bank of CanadaThe Bank of Canada sets Canadian monetary policy; the Canadian dollar is also sensitive to oil prices and US demand.
• RBAAUD
  Reserve Bank of AustraliaThe Reserve Bank of Australia sets the cash rate; the Australian dollar is a risk-sensitive, commodity-linked currency.
• RBNZNZD
  Reserve Bank of New ZealandThe Reserve Bank of New Zealand sets the Official Cash Rate; the New Zealand dollar is a high-beta, commodity-linked currency.
• PBoCCNY/CNH
  People's Bank of ChinaThe People's Bank of China manages Chinese monetary policy and the managed renminbi, with broad spillovers to commodity and Asian currencies.